Savings scheme

Initiation of share buybacks under the employee stock savings plan

ASA entry (“Entra” or the “Company”) intends to acquire 51,185 treasury shares as part of the share allocation under the employee share savings plan. The redemption will be carried out in accordance with the authorization given to the General Meeting of the Company on April 22, 2022 where the minimum and maximum price that may be paid per share has been set at NOK50 and NOK 300, respectively. The buyback will begin after this announcement and is expected to complete no later than May 31, 2022. The shares will be purchased on Oslo Børs.

Disclosure Policy

This information is subject to the disclosure requirements in accordance with Section 5-12 of the Norwegian Securities Act.

contacts

  • Anders OlstadCFO, +47 900 22 559, ao@entra.no

About Entra ASA

Entrance is a major owner, manager and developer of office properties in Norway. Entrance owns and manages approximately 107 properties totaling approximately 1.6 million square meters, located in Oslo and the surrounding region, Bergen, Trondheim and Stavanger.Entrance has a solid client portfolio with a high proportion of public tenants. The company’s strategy is focused on profitable growth, high customer satisfaction and environmental leadership

Attachments

  • Download the announcement in PDF format.pdf

© NTB Norway, source NTB English Regulatory Notices


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